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Budget

August 16, 2011

Exclusive: Ronald Reagan’s anti-government philosophy inspires Tea Party extremists to oppose any revenue increase, even from closing loopholes on corporate jets. Democrats try the spin that “even Reagan” showed flexibility on debt and taxes. But Robert Parry says it is the “Reagan cult” that is at the heart of America’s crisis.

August 10, 2011

Exclusive: Wisconsin Republicans lost two Senate seats in recall elections Tuesday but won four others to keep control of the state Senate – and they have a chance to oust two Democrats next week. But the two Democratic victories prove the potential of grassroots organizing, says Lisa Pease.

August 8, 2011

One enduring lesson of the Reagan administration is that it makes no sense to negotiate with hostage-takers; they only take more hostages. That is a lesson that President Barack Obama and the Democrats must learn in dealing with the today’s right-wing Republicans, writes Michael Winship.

August 6, 2011

The debt-ceiling crisis has revealed that Republicans have found a valuable hostage and Democrats have shown they will pay the ransom. So, the prospects that the federal government will address other problems, like joblessness and a staggering middle class, are even dimmer, as Danny Schechter notes.

August 3, 2011

The dispiriting battle over the debt ceiling has set many to wondering how America’s profoundly dysfunctional political/media system can and must be overhauled to serve the interests of the broad population, not just the privileged elites and their deluded defenders. Poet Phil Rockstroh addresses that dilemma.

August 3, 2011

Exclusive: The painful resolution of the debt-ceiling crisis shows that Republicans and the Right know how to play hardball – and that the Democrats and President Barack Obama know how to get rolled. Former CIA analyst Ray McGovern is thinking about other options.

July 31, 2011

As Republicans threaten to throw the U.S. economy into a new crisis by not raising the debt ceiling, Democrats have given ground time and again, erasing one line in the sand after another. But is this self-inflicted crisis real or just another political game, asks Danny Schechter.

July 29, 2011

Exclusive: At every turn of the debt-ceiling battle, Republicans repeat the talking point that Washington doesn’t have a “revenue problem,” but a “spending problem” – as if saying so makes it true. But the reality is that today’s debt crisis is driven more by George W. Bush’s tax cuts than anything else, as Sam Parry…

July 29, 2011

Over the past several decades, the Right has convinced millions of Americans that Government is the source of all problems, that Corporations must have near-total freedom, and that the Rich must enjoy low taxes. The consequence has been a devastated middle class and fiscal chaos, writes Michael Winship.

July 22, 2011

The dangerous political and economic trends of the past three decades are coming to a head in Washington current debt battle. The Right is armed with its anti-government extremism and its vast propaganda machine, while the Democrats seek compromise and the Left remains disorganized, as Danny Schechter notes.